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AI linked to a fourfold increase in productivity growth and 56% wage premium

AI linked to a fourfold increase in productivity growth and 56% wage premium


The report finds that since GenAI’s proliferation in 2022, productivity growth has nearly quadrupled in industries most exposed to AI (e.g. financial services, software publishing), rising from 7% from 2018-2022 to 27% from 2018-2024. In contrast, the rate of productivity growth in industries least exposed to AI (e.g. mining, hospitality) declined from 10% to 9% over the same period.

2024 data shows that the most AI exposed industries are now seeing 3x higher growth in…

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